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Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

by AIP Online Bureau | Mar 13, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

The official further said that although the market volatility has reduced in the last fortnight , it would wait for the market to stabilise further so that retail investors get confidence to invest in the stock. LIC has reserved up to 35 per cent of its total IPO size...

Speculative and misinformed: Govt rejects report claiming Covid-19 death toll in India much higher

by AIP Online Bureau | Mar 12, 2022 | Health, Indian News, Pandemic

“Even the backlog in Covid mortality data submitted by the states at different times is reconciled in the data of Government of India on a regular basis. Furthermore, there is a financial incentive in India to report Covid deaths as they are entitled to monetary...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief

Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief

by AIP Online Bureau | Mar 11, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

Debasish Panda, chairman, IRDAI The appointments committee of Cabinet (ACC) has approved the appointment of Panda, a former secretary, department of financial services, as chairman of the IRDAI for three years on Friday New Delhi; Finally, the government has appointed...
Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

LIC IPO: Market crash makes India’s biggest listing a tough task

by AIP Online Bureau | Feb 14, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

India will need bulky commitments from anchor investors, who will raise about a third of the total money. A further 35% — or Rs 21,000 crore, based on the estimated valuation — will be sold to millions of retail investors. That’s a challenging task To...

Economic Survey:Health sector expenditure in 2021-22 projected to be 73 per cent higher than 2019-20

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

The latest NFHS-5 shows that Total Fertility Rate (TFR), an average number of children per women, has further come down to 2 in 2019-21 from 2.2 in 2015-16. Sex ratio, number of females per 1000 males, in the total population has risen from 991 females in 2015-16...
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